Alaska Center For The Performing Arts Inc

Organization Overview

Alaska Center For The Performing Arts Inc is located in Anchorage, AK. The organization was established in 1995. According to its NTEE Classification (A61) the organization is classified as: Performing Arts Centers, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2021, Alaska Center For The Performing Arts Inc employed 78 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Alaska Center For The Performing Arts Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2021, Alaska Center For The Performing Arts Inc generated $3.3m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.1% each year. All expenses for the organization totaled $2.5m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

SEE SCHEDULE O

Describe the Organization's Program Activity:

Part 3 - Line 4a

IN 2021, ACPA CONTINUED TO EXPERIENCE THE IMPACTS OF THE COVID-19 PANDEMIC AND ITS AFFECT ON BOOKED ACTIVITIES IN THE VENUE. DURING 2021, THERE WERE 119 RENTAL EVENTS WITH 14,055 PATRONS IN ATTENDANCE.


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Board, Officers & Key Employees

Name (title)Compensation
Codie Costello
President & COO
$128,000
Tali Birch Kindred
Chair
$0
Robert Klein
Treasurer
$0
Daniel Mitchell
Vice Chair / Secretary
$0
Micky Becker
Director
$0
Leah Boltz
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $2,622,244
All other contributions, gifts, grants, and similar amounts not included above$325,697
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$2,947,941
Total Program Service Revenue$307,876
Investment income $7,070
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $53,091
Net Gain/Loss on Asset Sales -$2,923
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $3,325,107

Grants Recieved

Over the last fiscal year, we have identified 9 grants that Alaska Center For The Performing Arts Inc has recieved totaling $132,838.

Awarding OrganizationAmount
M J Murdock Charitable Trust

Vancouver, WA

PURPOSE: ACPA VENUE PROGRAMMING & BOOKING INFRASTRUCTURE/REVENUE DEVELOPMENT

$72,000
Atwood Foundation Incorporated

Anchorage, AK

PURPOSE: LOBBY BENCHES

$30,000
Atwood Foundation Incorporated

Anchorage, AK

PURPOSE: SUMMER CONCERTS IN TOWN SQUARE

$15,000
Frances & David Rose Foundation

Anchorage, AK

PURPOSE: UNRESTRICTED

$6,000
Kumin Foundation

Anchorage, AK

PURPOSE: OPERATING COSTS

$5,000
Gottstein Family Foundation

Anchorage, AK

PURPOSE: THE GRANT WAS TO A PUBLIC CHARITY TO SUPPORT ITS GENERAL CHARITABLE PURPOSE.

$4,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$359,221
Earnings$16,696
Ending Balance$375,917

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